Business Services Industry
Canton Financial retains Palmer Property Management
Business Wire, May 3, 1995
SALT LAKE CITY--(BUSINESS WIRE)--May 3, 1995--Canton Financial Services Corp., a subsidiary of Canton Industrial Corp. (BSE:CND) (OTC BB:CICP) Wednesday announced that it has retained Palmer Property Management Inc., as real estate advisor and property manager.
Palmer Property will assist Canton Financial with the company's plans to restructure a number of undervalued REITs.
Palmer Property is a full service real estate asset management firm specializing in turning non-performing real estate assets into viable and profitable portfolio additions. Since its inception in 1989 Palmer Property has gained an excellent reputation in the real estate management industry for its ability to develop and implement successful financial and operational strategies.
Palmer Property's list of clients include HUD, Connecticut Housing and Finance, JE Roberts Co, FDIC, Yale University, and numerous banking and financial institutions. The company currently manages over 1,400 units with a market value in excess of $28 million.
Canton Industrial Corp. is an international holding company. Through its subsidiaries, Canton provides a wide range of financial consulting services to corporations, institutions, and professional firms in markets throughout the world.
CONTACT: Canton Industrial Corp., Salt Lake City
L.J. Perry, 801/575-8073
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